Headline earnings
for the year ended June 30
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R000 | 2020 Audited |
2019 Audited |
% change |
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Headline earnings | |||||||
The following adjustments to profit attributable to shareholders were taken into account in the calculation of continuing headline earnings: | |||||||
Profit attributable to shareholders of the company from continuing operations | 1 548 383 | 4 836 138 | |||||
Impairments | 939 836 | 40 748 | |||||
Goodwill | 797 899 | – | |||||
Property, plant and equipment | 116 572 | 27 992 | |||||
Intangible assets | 25 638 | 21 346 | |||||
Associates | 11 738 | – | |||||
Taxation relief | (12 011) | (8 590) | |||||
Capital profit on disposal of property, plant and equipment | (29 058) | (65 358) | |||||
Property, plant and equipment | (43 335) | (93 444) | |||||
Taxation charge | 14 277 | 28 086 | |||||
Loss on disposal of interest in subsidiary | 16 920 | – | |||||
Disposal of subsidiary | 15 175 | – | |||||
Taxation charge | 1 745 | – | |||||
Headline earnings from continuing operations | 2 476 081 | 4 811 528 | (48,5) |